Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
The big US bank earnings season runs at full speed this week. JNJ kicks things off Monday, reporting Q3 results before the open on October 13. UNH holds its earnings call the same morning.
Tuesday brings the heaviest load. BAC and STT both report pre-market on October 14. Progressive drops its September monthly results the same day. AZZ also reports fiscal Q2 on Tuesday afternoon.
Wednesday sees SCHW post Q3 results at 8:30am. reports the same morning. European banks join in: releases Q3 numbers Wednesday morning, while Swedish online broker follows Thursday.
TFC rounds out the US bank week with Q3 results Thursday before the open. CMC also reports fiscal Q4 on Wednesday.
No significant IPOs are scheduled this week in the database. Index rebalance traders have a different focus: ORTEX's Rebalance Radar flags ACVA for a likely Russell 3000 deletion as early as Monday, with around $259M of total forced selling expected across indices tied to Copart's pending tender offer.
The macro backdrop sharpens the auto-sector angle. German BEV registrations nearly doubled in September, up 95% year on year to 88,335 units, the largest September car market on record since 2021, according to ORTEX Alt Data. Finnish BEV registrations also hit an all-time high in September. Earnings reporters with European auto exposure will face questions on whether that demand surge is flowing through to component suppliers.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
